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117 Clydesmill Place, Cambuslang, Glasgow, G32 8RF
For Sale
-
Tenure
For Sale -
Type
Investment -
Price
Offers in Excess Of £3,400,000 -
Size
33,687 Sq Ft -
Ref No
14947
Property Highlights
- A prime high-quality distribution warehouse.
- Highly prominent gateway site at Cambuslang, one of Glasgow's premier distribution locations.
- Total accommodation of 33,687sq ft (3,129.6 sq m).
- Let to the undoubted covenant of Aalco Metals Limited until May 2033.
- Passing rental of £252,645 per annum.
- Low overall rate of £7.50 per sq ft providing good prospects of rental growth.
- Offers in excess of £3,400,000 exc VAT, reflecting a net initial yield of approximately 7%, after purchaser's costs.
Overview
The property is a substantial distribution warehouse complete with offices, welfare, loading space and exclusive car parking.
The warehouse specification includes a concrete floor, block dado walls, an electrically operated vehicular access door, an eaves height of 7.5m approx, LED lighting and gas ambirad heating. It also includes modern office accommodation contained within a two storey projection. The offices provide a mixture of open plan and cellular space and benefit from carpet and vinyl covered floors, emulsion painted walls, LED lighting and gas radiator central heating.
Outside the building there is a tarmac surfaced yard secured by palisade fencing and 50 car parking spaces.